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A trade war between the U.S. and China would be more bruising and protracted than the battles that raged in the 1980s over Japanese exports, and would risk taking down the entire global trading architecture.

Oil prices are trading near three-year highs, but many analysts say the rally may have gone too far, too fast. With Brent crude settling above $70 a barrel on Monday, new risks are emerging for an industry that is still reeling from a long downturn.

Google is expanding its sprawling network of undersea cables to plug into new regions around the world, in a bid to speed up its cloud-computing business and catch up to rivals Microsoft Corp. and Amazon.com Inc.

For the first time since the 2008 financial crisis a simple strategy of buying the stocks that had already gone up the most delivered a remarkable outperformance last year. Is it a sign of excess or the start of a new bull run?